TA
Quick Litecoin analysis before bedJust putting my 2 cents about the Litecoin market after watching it for most of the day. Using trendlines, support/resistance levels, and some Fibonacci lines. Got some of the price movements correct for a quick swing trade I did not execute(A lot of fear due to the long term charts, I believe signalling a up swing rather soon). Practicing for the larger swings for when the bulls take back over and my account isn't completely dependent LTC being above 220/USD.(Rookie mistake, but a mistake none the less)
I would like to see some constructive criticism or praise and speculation
BTC/USDT To 5k??Back when we hit 6k, that was considered our resistance level. we bounced right off and uptrended back up. Now we face another down trend and seems we will be testing that 6k resistance again. if BTC/USDT breaks that resistance level, it should be our confirmation for around 5.3k-5.5k resistance. Then we will be done with our downtrend.
btcusd killed tamost known technical analysis rsi divergence did not work with bitcoin.
it should bounce 8k to 10.8k then continue falling or decide new way but it not worked.
yes supports,resistances emas bounces some formations works most of time but rsi divergence was very important and btc killed it.
maybe future it can go over then 10.8k but in my eyes btc died with technical analysis at this moment.
CHATBTC Descending Triangle 3 Day OutlookWe've been in this disgusting descending triangle for the last few candles shown. This is news for all you bears out there, in the short term we're looking at some decline. Candle touched the descending line at the 0.618 fibonacci retracement and was rejected hard, you can see where with the red arrow on top. Stoch RSI is overbought and we're on a decline there as well. Looking at the third indicator on the bottom, Vix Fix by Chris Moody, shows that we're not at (or near) a market bottom. We're looking to bounce in this wedge, and looking to break (hopefully upwards) in 3 days, keep and eye on the time block.
Happy Trading!
-Banana
Elliot Waves 1, 2 and 3 I'm backing this move with leverage. Will it make money? Let's see! If it does I'll double down for drive 5.
My love, AION. Possible head and shoulder pattern? What do you guys think?
Short term seems bearish for aion..
Looks like Aion is struggling to get passed the middle boll band. Looks like we might test the lower band support.
longterm bullish for aion
SN has room for growth - expecting pattern repetitionThis stock definitely has been on a consistent down trend, and on the 5 year chart has been trending relatively sideways as of late, however - we recently hit a 52 week low of around 2.70, and are now seeing a rebound off of that.
based on a decent amount of time watching this stock and giving it my best effort to understand SN - my hypothesis is that we will see it go up to around +/-3.60, and drop a final time before rising up to another resistance at around 9 dollars in the next three months.
This is just based on my own due diligence, not to be taken as trading advice just sharing my thoughts on the future of this stock.
shiftbtc analysis shiftusdshift is def a sleeping giant. I have no idea about the fundamentals of this coin. Meaning i have the slightest idea what the company and development team behind this one or many of these coins do. I just analyze the supply and demand through the chart.
anyway
seems to be accumulating here.
4 hour rsi is either showing a wave 4 going into 5 or abc
not sure
4hr macd showing bullish confirms
1hr vol profile is showing bullish signals
so is td sequential count
lowertimeframe showing an abc correction so it may do a 1.6 extention so from there we can get a target u dig
1.68 is the buy area
so im taking profit at around 3 and 6.00 usd
peace